NASA's Ultra-Efficient Engine Technology Program (UEETP) is developing a suite of technology to enhance the performance of future aircraft propulsion systems. Areas of focus for this suite of technology include: Highly Loaded Turbomachinery, Emissions Reduction, Materials and Structures, Controls, and Propulsion-Airframe Integration. The two major goals of the UEETP are emissions reduction of both landing and take-off nitrogen oxides (LTO-NO(x)) and mission carbon dioxide (CO2) through fuel burn reductions. The specific goals include a 70 percent reduction in the current LTO-NO(x) rule and an 8 percent reduction in mission CO2 emissions. In order to gain insight into the potential applications and benefits of these technologies on future aircraft, a set of representative flight vehicles was selected for systems level conceptual studies. The Supersonic Business Jet (SBJ) is one of these vehicles. The particular SBJ considered in this study has a capacity of 6 passengers, cruise Mach Number of 2.0, and a range of 4,000 nautical miles. Without the current existence of an SBJ the study of this vehicle requires a two-phased approach. Initially, a hypothetical baseline SBJ is designed which utilizes only current state of the art technology. Finally, an advanced SBJ propulsion system is designed and optimized which incorporates the advanced technologies under development within the UEETP. System benefits are then evaluated and compared to the program and design requirements. Although the program goals are only concerned with LTO-NO(x) and CO2 emissions, it is acknowledged that additional concerns for an SBJ include take-off noise, overland supersonic flight, and cruise NO(x) emissions at high altitudes. Propulsion system trade-offs in the conceptual design phase acknowledge these issues as well as the program goals. With the inclusion of UEETP technologies a propulsion system is designed which performs at 81% below the LTO-NO(x) rule, and reduces fuel burn by 23 percent co...